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MENON PISTONS
PS (Price/Sales) Ratio

The Current P/S Ratio of MENON PISTONS is 1.77.

Share Price ₹89.9Mar 28,2024
Market Cap ₹458.2 Cr
Sales-TTM₹258.3 CrTTM-Consolidated Results
Price/Sales1.77xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MENON PISTONS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of MENON PISTONS is calculated as :

Current Market Cap [ ₹458.2 Cr] as on Mar 28,2024

(/) Sales [ ₹258.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.77x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for MENON PISTONS , the investors are currently willing to pay '1.77 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of MENON PISTONS !

The chart below summarizes the trend in P/S Ratio of MENON PISTONS over the last five years.

Historical PS (Price/Sales) ratio chart of MENON PISTONS


PS Ratio Performance Analysis for MENON PISTONS

- MENON PISTONS 's latest p/e ratio is 1.77x.

- MENON PISTONS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 0.99x.

- MENON PISTONS 's operated at median p/e ratio of 1.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MENON PISTONS 's p/e ratio peaked in Mar2022 at 1.18x.

- MENON PISTONS 's p/e ratio hit its five-year low in Mar2023 of 0.8x.


How does MENON PISTONS 's P/S Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MENON PISTONS 258.31.77458.2
BOSCH LTD16,557.15.3588,617.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD94,110.40.8479,318.0
SONA BLW PRECISION FORGINGS LTD3,044.713.5941,376.8
UNO MINDA LTD13,125.82.9939,293.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD3,833.97.4928,713.6
ENDURANCE TECHNOLOGIES LTD9,790.42.6325,740.6
JBM AUTO LTD4,533.54.7121,336.5
TVS HOLDINGS LTD38,397.70.4316,508.4
MINDA CORPORATION LTD4,510.72.229,998.3
CRAFTSMAN AUTOMATION LTD4,326.82.119,131.1

Auto Ancillary Industry Benchmark (Top 10) PS Analysis vs MENON PISTONS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.43x
Max industry PS 13.59x
Median industry PS 2.63x
Average industry PS 4.01x



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